By End-USer, Hospital segment will be significant
NEW YORK, Jan. 23, 2024 /PRNewswire/ — The disposable endoscope market is to grow by USD 1.52 billion from 2023 to 2027 progressing at a CAGR of 15.9% during the forecast period. The report offers an up-to-date analysis regarding the current global scenario, the latest trends and drivers, and the overall environment. The rising early detection of gastrointestinal diseases is the key factor driving the growth. The widespread adoption of disposable endoscopes in gastrointestinal procedures is positively driven by factors such as the rising demand for minimally invasive techniques, the reduction in nosocomial infections, and the increasing prevalence of gastrointestinal diseases, including colorectal cancer, inflammatory bowel disease, and gastroesophageal reflux disease (GERD).
The increasing regulatory approvals from health authorities around the world is a major trend. The increase in medical waste is a major challenge to the growth.
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Disposable Endoscope Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 15.9% |
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Market growth 2023-2027 |
USD 1.52 billion |
The disposable endoscope market analysis includes end-users (hospitals and clinics), applications (bronchoscopy, urologic endoscopy, GI endoscopy, ent endoscopy, and others), and geography (North America, Europe, Asia, and the Rest of the World (ROW)).
- The growth of the hospitals segment will be significant during the forecast period. Hospitals, as healthcare establishments, receive a large number of patients daily. Therefore, they possess advanced facilities and integrated operating rooms to meet the increasing requirements of both physicians and patients. Equipped with sophisticated infrastructure, hospitals can effectively diagnose and monitor the treatment of various diseases and conditions.
The disposable endoscope market covers the following areas:
Companies Mentioned
- Acteon Group Ltd.
- Ambu AS
- Boston Scientific Corp.
- Coloplast Corp.
- Endoso Life
- Flexicare Group Ltd.
- Hill Rom Holdings Inc.
- KARL STORZ SE and Co. KG
- Medtronic Plc
- Olympus Corp.
- Parburch Medical Developments Ltd.
- STERIS Plc
- SunMed
- TE Connectivity Ltd.
- The Cooper Companies Inc.
- Timesco Healthcare Ltd.
Acteon Group Ltd. – The company offers disposable endoscope for ENT areas. Also, the company offers foundations, moorings, marine electronics and instrumentation, flow lines, offshore risers, conductors for shallow, and deepwater applications.
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Disposable endoscopes: Major Applications
Disposable endoscopes, a type of endoscopy device and medical device, find applications in minimally invasive surgery, utilizing flexible endoscopes for diagnostic imaging in procedures like gastrointestinal endoscopy and laparoscopic procedures. These single-use endoscopes play a role in healthcare technology, aiding in surgical instruments and infection control as medical disposables. They are used in various endoscopic procedures and visualization systems, contributing to the trends of disposable endoscopes and endoscope innovation. The disposable endoscope market caters to the demand for sterile endoscopy, with a focus on endoscope manufacturing and disposable camera endoscopes. This medical imaging tool is also utilized in interventional endoscopy and ambulatory surgery.
Related Reports
The global endoscopy devices market size is estimated to grow by USD 14,039.24 million at a CAGR of 7.36% between 2022 and 2027.
The global laparoscopic devices market size is estimated to grow by USD 4,396.16 million at a CAGR of 8.11% between 2022 and 2027.
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Sizes
Five Forces Analysis
Segmentation by Application
Segmentation by End-user
Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging trends and provide actionable insights to help businesses identify opportunities and develop effective strategies to optimize their positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable insights to identify opportunities in existing and potential areas and assess their competitive positions within changing scenarios.
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